SkyBridge Capital founder Anthony Scaramucci said in a Decrypt podcast that he has not lost enthusiasm for Bitcoin. The investor added that he is more optimistic about the first cryptocurrency than ever.
“I’m not a cold figure in this space. I’m not an evangelist. I’m not one of those religious figures who will chant Bitcoin-ETF, regardless of what life throws at you. So I want to state this, and then say that I am now more optimistic than ever,” said Scaramucci.
He also criticized the head of SEC Gary Gensler for the “mess” in the agency. The SkyBridge Capital CEO added that Senator Elizabeth Warren behaves as if she is the “shadow president of Washington for financial services”.
“You know, our allegedly socialist northern neighbours [Canada] have two or three Bitcoin-ETF. We have Gary Gensler and Elizabeth Warren,” he said.
Scaramucci argues that Bitcoin should be classified as a commodity and not be subject to regulation by the U.S. Securities and Exchange Commission.
“I think of it as money and as a commodity. I think that income-producing things or positions in staking that yield more than anything else, anything with an earnings mechanism, are probably securities,” he explained.
Earlier in January, Scaramucci forecasted a Bitcoin revival in 2023. He believes the Fed will pause its federal funds rate-hike campaign until inflation reaches the 2% target.